Seller's Agent in 2021
Stephen Pagones
Oak Tree Property Group
(510) 255-2248
1 in this area
54 Total Sales
Two buildings Two separate lots, 5106 & 5112 Bancroft Avenue is a 12-unit value add opportunity in Oakland’s growing Fruitvale District. The property boasts 1 two-bedroom 1 bathroom unit, and 11 Studio units. There is over 60% rental upside through banked rents, occupancy and capital expense pass-throughs. The property is asking well below replacement costs at $100,000 per unit. The property is individually metered for gas and elect with two on-site parking spaces. Tenants enjoy easy access to employment centers and points of interest around the Bay Area with quick connections to major highway arteries (I-880), and public transportation (A/C Transit and Fruitvale & Coliseum BART).
Last Agent to Sell the Property
Oak Tree Property Group License #01760998 Listed on: 09/07/2021
Last Buyer's Agent
Dan Garcia
RANGER REALTY License #00426878
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,105,000 | -- | -- |
| 12/22/2021 12/22/21 | Sold | $1,105,000 | -7.9% | $233 / Sq Ft |
| 10/11/2021 10/11/21 | Pending | -- | -- | -- |
| 09/07/2021 09/07/21 | For Sale | $1,200,000 | -- | $253 / Sq Ft |
Seller's Agent in 2021
Stephen Pagones
Oak Tree Property Group
(510) 255-2248
1 in this area
54 Total Sales
Seller Co-Listing Agent in 2021
Michael Pagones
Oak Tree Property Group
(510) 255-2248
2 in this area
57 Total Sales
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Buyer's Agent in 2021
Dan Garcia
RANGER REALTY
Source: Bay East Association of REALTORS®
MLS Number: 40966101